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Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. So we look forward to closing that transaction, executing on these mandates, and keeping you guys posted on our progress.
The transactionexecution was excellent and demand for the loan was significantly oversubscribed, underscoring the market's confidence in Cedar Fair and our management team. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
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